Are There Grants For First-time home purchase?

It's a documented fact that Billions of Dollars in Free Money are donated every year by Foundations other Charitable Institutions, Individuals, and Government Agencies. We read daily about gigantic sums of Grant Money being given to businesses and individuals, just like you, to help them fulfill their goals and dreams, but often times these people will not tell you HOW or WHERE they got this Grant Money. In order to know HOW and WHERE to tap into these vast treasures, don't sit around and hope you hear it through the grapevine, find out for yourself with the help of USA Funding Applications.

Many Grants are awarded for projects and businesses for general operating expenses and other capital, such as, a new building or major pieces of equipment. Sometimes you can also include inventory, salaries, labor, advertising, marketing, etc.

• If you are UNEMPLOYED, YOU ARE ELIGILBLE to apply for GRANT MONEY.
• If you have had a BANKRUPTCY, YOU ARE ELIGIBLE to apply for GRANT MONEY.
• If you have had a FORECLOSURE, YOU ARE ELIGIBLE to apply for GRANT MONEY.
• If you have BAD CREDIT, YOU ARE ELIGIBLE to apply for GRANT MONEY.
• If you have no COLLATERAL, YOU ARE ELIGIBLE to apply for GRANT MONEY.

The main areas Grantors gift money are:

• Small and large business start-ups and/or expansion
• Various Real Estate ventures
• Historical building preservation
• Medical research
• National security
• Education
• First-time home purchase
• Inventions
• Environment preservation

Apply today! The early bird gets the worm, even when it comes to Free Grant Money. http://www.123cashathome.com/

Can buying a North Port, FL fixer upper be beneficial?

Can buying a North Port, FL fixer upper be beneficial?
Buying a “fixer upper” or simply a house that needs repair can be a catch-22.  Often times a bank won’t lend money to buy the house until the repairs are finished, but the repairs can’t be completed until the house has been purchased.

However, there are certain options available for just this task.  For example, the U.S. Dept. of Housing and Urban Development (HUD) offers a loan to get through the task of repairs.  HUD's 203(k) program can help you out of this quagmire by allowing you to purchase or refinance a property plus include in the loan the cost of making the repairs and improvements. The FHA insured 203(k) loan is provided through approved mortgage lenders nationwide. It is available to persons wanting to occupy the home.

Electing to buy a fixer upper can be a beneficial decision due to the relatively lower property cost initially followed by a subsequent jump in home value.  However, the fixer upper process can sometimes be daunting and discouraging.  If you are planning to buy a fixer upper or just want to remodel your home, I would love to guide you through this process.  Please call or email me so I can take the weight off your shoulders.

Sincerely,

Jessica Coleman
Realtor®
Direct: (941) 249-2366
Cell: (941) 249-2366
Fax: (941) 237-4897
admin@flaopenhouse.com
http://www.flaopenhouse.com
Allison James Estates & Homes

Why Pay Rent- Get Seller Finaning/ Owner Financing

Port Charlotte / North Port Owner financing, Lease options occurs when the seller of a home finances all or a portion the sale of his or her own property. This is often referred to in real estate ads as "Owner Will Carry" or similar wording, meaning that the owner of the property will, in effect, act as a bank and loan the purchaser all or part of the money needed to purchase the owner's property.
There can be several advantages to the seller for carrying a note, as it is also known. There can be tax advantages in spreading out the time over which an owner receives the money from the sale of a property. Also, many owners simply like the idea that they can receive a monthly income from a property even after they have sold it - and no longer have to worry about repairing leaky roofs or replacing dead water heaters.
There is a nice monetary inducement to the owner to carry paper as well - the owner can charge the buyer interest on the money that the owner is lending to the buyer. In this way not only does the owner collect a monthly mortgage payment on the property he or she has sold, but the owner collects interest as well, in effect increasing the owner's overall sales price of the property.
In order to protect themselves, some homeowners require that the buyer make their monthly payments into an escrow account held by a bank or other lending institution, and they require the borrower to place a Quit Claim Deed into the escrow account with instructions that if a payment is late by a certain number of days then the escrow officer will automatically file the Quit Claim Deed, restoring the house to the former owner instantly.
If this were to happen the buyer would not only lose title to the property but would also lose any and all payments already made on the property. This is a powerful incentive for the buyer to make all payments in a timely manner.
A more pragmatic reason, perhaps, why some homeowners agree to carry a note is to increase the universe of potential purchasers for their property. The way this works is easy to understand. If the homeowner is making a portion of the loan on the property then the borrower will need to qualify for a smaller loan from a bank or other financial institution, meaning that a larger number of people will be able to qualify for any bank loan that might be required to purchase the property. If the seller finances the entire selling price of the property then buyers do not need to qualify for a bank or other financial institution loan at all. This can greatly increase the number of people who are interested in buying a piece of property.
For starters if the owner is financing all of a sale then a borrower does not have to qualify for a loan at a traditional financial institution. Even if the seller only finances a portion of the loan the borrower benefits by having to qualify for a smaller loan from a traditional mortgage source.
Additionally, when a seller finances a property there are no points or closing costs for the buyer to pay, saving the buyer potentially several thousand dollars on the transaction. And while the seller of the property may charge the same interest rate that a bank or other financial institution would charge, it is sometimes possible for a buyer to actually end up paying a slightly lower interest rate if the seller finances the sale since more aspects of the sale are open to negotiation than may be possible when dealing with a traditional lender.
http://www.123rent4now.com
Many factors can influence whether the seller of a property is willing to carry all or a portion of the sales price on a piece of property. In many cases, however, the determining factor is the overall condition of the market itself.
When homes become difficult to sell - when it is a buyer's market, in other words - then sellers are more inclined to do whatever is necessary to increase their chances of a sales and so owner financing is more readily available.
Conversely, when homes are selling quickly and it is a seller's market, then sellers have little incentive to carry back a mortgage. So your chances of finding an owner willing to carry back a mortgage are largely dependent on the current housing market. But regardless of prevailing market conditions, it never hurts to ask if an owner is willing to carry paper.
http://www.123rent4now.com

FREE Charlotte County, FL Moving CheckList

 FREE Charlotte County, FL Moving CheckList
You have found your dream home and are just waiting for moving day. You may be so excited that you may forget some things. It is a good idea to make a list of things to do ,as they come to mind. Here is a checklist that will help make your move easier.

1. Return your library books, and return everything that you borrowed . Remind your friends to return books and other items they borrowed from you.

2. If you are moving out of the area , close out safe deposit boxes and bank accounts .

3. Arrange for the school records and doctors records to be transferred to new location if applicable.

4. Have a garage sale or donate items you do not need. Donate magazines and books that you do not need , to the library.

5. Discontinue services like utilities, cable, newspaper and trash.

6. Pick up change of address kit at post office. Inform the post office of new address as well as the following :
magazines, credit card companies, insurance companies, and all the people on your Holiday Card list. Do not wait till the holidays. You can just email people on your holiday list and if you have a new telephone number include it. Buyers usually call us and say they have received mail for previous owners.

7. Make arrangements for your pets. I have seen a few cases where they have forgotten to take the pet.

8. If you are hiring a moving company get references and try to get two estimates. Make sure they are insured.

9. Get a voter registration card for new address.

10. Change the address in your passport and driver's license. Get new return address labels.

11. Don't forget to make sure your new and old location is clean and ready.

Benefits of Real Estate Investment In Port Charlotte

Today's low interest rates and stabilized home prices have created some great investment opportunities.  Investing in real estate has unique advantages over other types of investments:

• Interest in mortgage loans are currently tax-deductable.  Investors can lower their tax liability while increasing their equity.
• Renters pay down your mortgage loan.  Investors reap the benefits of rental income, which offsets your mortgage cost and build equity.
• Real Estate values have a history of increasing over the long term. Investors want an asset that appreciates with time.  
• 1031 exchanges are available to defer taxable income when you are ready to sell.

Many investors are taking advantage of these favorable market conditions. Have questions? Give us a call. We are happy to help!

Jessica Coleman / Realtor ALLISON JAMES ESTATES & HOMES Port Charlotte, FL 33980 Ph: (941) 249-2366 Ce: (941)628-3891Fx: (941) 237-4897 Send me an email Web: www.FlaOpenHouse.com

Great Place For Kids Online-Charlotte County Directory

 Charlotte County Directory Kid Space.

At CharlotteCountyDirectory.com, we are concerned with the safety of kids on the Internet. Parents, please click on the WiredKids.org logo to learn more about how you can keep your kids safe. ( CLICK HERE )

CHARLOTTE County, FL Demographic Information

I have provide  some Charlotte County, FL Area Demographic Information.

CHARLOTTE County, FL Covers 1 Area Codes:
941

CHARLOTTE County, FL covers 6 Cities:

ENGLEWOOD
MURDOCK
PLACIDA
PORT CHARLOTTE
PUNTA GORDA
ROTONDA WEST

CHARLOTTE County, FL Demographic Information:

* Population:    141,627
* White Population:    131,125
* Black Population:    6,219
* Hispanic Population:    4,667
* Asian Population:    1,207
* Hawaiian Population:    40
* Indian Population:    312
* Other Population:    1,116
* Male Population:    67,648
* Female Population:    73,979
Est. 2001 Population:    146,202
Est. 2002 Population:    157,536
Est. 2003 Population:    152,777
Est. 2004 Population:    157,324
Est. 2005 Population:    157,536
* Avg House Value:    $97,000.00
* Avg Household Income:    $36,379.00
* Avg Persons Per Household:    2.18
* Median Age:    54.30
* Median Age (Male):    52.90
* Median Age (Female):    55.50

* Demographic data is based on information taken from the 2000 Census as is Derived from our ZIP Code Database Products.